NOT LISTED FOR SALE

10986 Olana Dr Truckee, CA 96161

Estimated Value: $7,454,457 - $7,692,000

1.46 Acres
$5,195,538 Price per Acre
63,598 Sq Ft Lot

Last Sold October 02, 2017

Last sale price $795,000

Est. 854% increase in value since last sale

Current estimated payment $46,510/month

80 Days on Market

About This Lot

As of October 2017

Tucked in the heart of the Martis Camp community on the exclusive Founder's Ridge neighborhood, this home site is the perfect place to build your custom mountain estate. With mature pines, rock outcroppings and views of the Carson Range, this peaceful setting has the right amount of privacy and character to compliment any style of home. The expansive trail system can be accessed across the street and a short easy hike will lead you to the Lost Library for a picnic or a good book.

Last Agent to Sell the Property

Katie Tyler

Tahoe Mountain Realty License #01442453 Listed on: 06/30/2017

Last Buyer's Agent

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $62,393

Lot Details

  • 1.46 Acre Lot
  • Property is zoned reisdential

HOA Fees

  • $300 Monthly HOA Fees

Utilities

  • Gas Available
  • Utility District
  • Cable TV Available

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$62,393

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Number of Acres: 1.46
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Zoning: reisdential
  • Access Roads: Paved
  • Cross Street: Cairncroft Ln
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Cable TV: At Property
  • Electric: At Property
  • Gas: At Property
  • Phone: At Property
  • Water: Utility District

Exterior Features

  • View: Mountain

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 900
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 350

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 45
  • Lot Dimensions: irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 22, 2017
Sold by
Gridley Michael and Gridley Eva Johanna
Bought by
Medeiros Gordon A and Medeiros Deborah L
Seller's Agent
Katie Tyler
Tahoe Mountain Realty
Buyer's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
List Price
$875,000
Sold Price
$795,000
Premium/Discount to List
-$80,000
-9.14%
Current Estimated Value
$7,585,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,790,486
Avg. Annual Appreciation
32.90%

Purchase Details

Listed on
May 1, 2015
Closed on
Jan 12, 2017
Sold by
Britt William C and Britt Judith L
Bought by
Gridley Michael and Gridley Eva Johanna
Seller's Agent
Thomas Barrett
Martis Camp Realty, Inc.
Buyer's Agent
Thomas Barrett
Martis Camp Realty, Inc.
List Price
$895,000
Sold Price
$855,000
Premium/Discount to List
-$40,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.74%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Britt William C and Britt Judith L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medeiros Gordon A $795,000 Fidelity National Title Co
Gridley Michael $855,000 Fidelity National Title Co
Britt William C $506,254 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medeiros Gordon A $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $795,000 -9.1% --
09/18/2017 09/18/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $875,000 +2.3% --
01/17/2017 01/17/17 Sold $855,000 -4.5% --
01/06/2017 01/06/17 Pending -- -- --
05/01/2015 05/01/15 For Sale $895,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $62,393 $5,902,570 $904,570 $4,998,000
2023 $62,393 $1,419,446 $869,446 $550,000
2022 $9,809 $852,399 $852,399 $0
2021 $9,545 $835,686 $835,686 $0
2020 $9,658 $827,118 $827,118 $0
2019 $9,712 $810,900 $810,900 $0
2018 $9,364 $795,000 $795,000 $0
2017 $7,074 $584,415 $584,415 $0
2016 $7,027 $572,956 $572,956 $0
2015 $6,860 $564,350 $564,350 $0
2014 $6,584 $553,296 $553,296 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Tyler

    Seller's Agent in 2017

    Katie Tyler

    Tahoe Mountain Realty

    (530) 277-1012

    49 Total Sales

    Katie Tyler
    Section Image

  • T

    Seller's Agent in 2017

    Thomas Barrett

    Martis Camp Realty, Inc.

  • N

    Buyer's Agent in 2017

    Nina Skylling-Atkins

    Martis Camp Realty, Inc.

See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20171668

Tahoe Sierra Board of REALTORS®

APN: 106-020-022

California Placer County Truckee 96161

10986 Olana Dr, Truckee, CA

This home is located at 10986 Olana Dr, Truckee, CA 96161 since 30 June 2017 and is currently estimated at $7,585,486. 10986 Olana Dr is a home located in Placer County with nearby schools including Truckee Elementary School, Alder Creek Middle School, and Tahoe Truckee High School.

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